With the Russian invasion of Ukraine, both countries reduced their trade with the world, and supply chains were disrupted. Maryna Ramcharan looks at UK international trade with both countries and the subsequent supply chain disruptions. International trade in the UK has a negative trade balance. Imports from Ukraine accounted for 0.2% of all goods imports. … Continue reading “International Trade and Supply Chain Disruptions in the Light of the Russian-Ukraine war”
Tag: Global Supply Chains
Regional Growth Opportunities: Building Productivity and Resilience Through Supply Chains
Dr Wanrong Zhang & Prof Jan Godsell discuss the importance of supply chains for the region, the issues affecting them, and why we should develop a regional ‘supply chain productivity’ goal. This blog post was produced for inclusion in the Birmingham Economic Review for 2021. The annual Birmingham Economic Review is produced by City-REDI, University … Continue reading “Regional Growth Opportunities: Building Productivity and Resilience Through Supply Chains”
COVID-19 Diversification Measures: What Local and Regional Governments Can Do?
COVID-19 and Brexit are putting our value chains in danger. How can an economic diversification strategy help in this process? And what can local and regional governments do about it? COVID-19 and Brexit are affecting the UK industrial fabric in different ways, but in particular, the sudden deglobalisation effects they create can lead to trade … Continue reading “COVID-19 Diversification Measures: What Local and Regional Governments Can Do?”